Accountants & Auditors
Cubism Law offers in-depth expertise and experience in acting both for and against professionals of all kinds in relation to claims and damages for professional negligence. Our specialist consultants in this area all have backgrounds at partner level in leading City law firms focussing on professional negligence and professional indemnity matters.
Professional negligence claims against accountants typically arise out of defective taxation advice, corporate acquisitions, share valuations or property transactions. Claimants range from private individuals who have suffered loss as a result of negligent advice to partnerships and corporate entities, including charities.
Auditor negligence is an increasing problem in the UK. Claims against auditors usually relate to negligent audits of company accounts and are generally brought by the companies concerned (e.g., where the auditors have negligently failed to identify ongoing fraud by employees) or by third parties to whom the auditors have assumed responsibility for the accuracy of their audit work.
We have extensive experience of professional negligence claims of these kinds against negligent auditors and negligent accountants and we can advise you on the prospects of success for a compensation claim from an early stage. If you have suffered financial loss due to negligent actions by your accountant or auditor you will need specialist advice to pursue a claim.
Clients particularly appreciate our practical, user-friendly and cost-efficient approach to resolving professional negligence disputes, wherever possible without the need for litigation, but where necessary we will sue culpable auditors and accountants for negligence on behalf of clients.